Question: QUESTION ONE a) What are the inputs required for Material Requirements Planning (MRP)? (3 MARKS) b) What are the reasons for using a lot sizing

QUESTION ONE a) What are the inputs required for

QUESTION ONE a) What are the inputs required for Material Requirements Planning (MRP)? (3 MARKS) b) What are the reasons for using a lot sizing method other than Lot-for-lot? (2 MARKS) c) A product (A) consists of a base (B) and a casting (C). The base consists of a plate (P) and three fasteners (F). The lead time, current on-hand inventory and scheduled receipts are given below. All components are lot for lot. The Master Schedule requires 100 units of product A be available in week 4 and 150 in week 6. Develop the MRP to meet the demand. (20 MARKS) Part Lead Time On-Hand Inventory Scheduled Receipts A 20 None B 100 50 in week 1 3 20 in week 1, 30 in week 2 P 2 0 50 in week 1 F 3 0 30 in week 1, 40 in week 3 [TOTAL: 25 MARKS] 1 1 30 N

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